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Domestic Chinese DDGS prices rose about 1.8% from July 24 to August 4, reaching 2,875 RMB per ton. Alcohol plants cut operating rates for maintenance during hot weather, tightening supply.
Reduced plant output in China tightens local DDGS supply and supports prices, with analysts expecting firmness to continue.
sunsirs.comAug 8, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
